An up and down year? Not at all. An up and down couple of years? Nope.
Year end stats for RE/MAX Main Street Realty are in. Sales wise we sold exactly as many as we did in 2011 as 2010 – 110 properties specifically in Brooks. 130 properties when we include the County of Newell.
This property sales translated into 206 transactions in 2011 (197 in 2010). The average price for RMSR (RE/MAX Main Street Realty) went up approxiamately $3000. ($225,400-2010 to $228,300-2011).
These numbers scream stability. Stability in a real estate market is very good. The stability along with the fantastic mortgage rates that are available right now is excellent.
So far in the early stages of 2012 there is a huge amounts of buyers. They are scarfing up the properties that show value. Bottom line is, if you have a property for sale and its not selling, it is price. I personally am currently working with several buyers in a variety of price ranges. They are all willing and waiting to buy a home.
As with the last two years of history, I am assuming that the Brooks real estate market will remain stable and as evident with the last two years – strong.
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